| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹5.60 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹5.60 Cr |
| Fresh Issue | ₹5.30 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน40.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544156 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Fedex Securities Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in July 2022, Gconnect Logitech and Supply Chain Limited provides surface logistics services, including goods transport.
The company's service offerings include bulk loads, Full Truck Loads (FTL) service, and dedicated loads.
The company has an asset-light model and works with third parties to provide necessary assets, such as vehicles.
As of September 30, 2023, the company serves approximately 24 customers, with over 8 customers having been associated with them for more than 4 years.
As of Oct. 30, 2023, the company had partnered with 4 fleet management firms and had 23 vehicles of various sizes to meet customer needs.
As of March 2024, the company has a total of 6 employees in various departments.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Purchase of Vehicles and Body Building | 4.10 |
| 2 | Finance the Website Development and App Designing; and | 0.49 |
| 3 | General Corporate Purpose | 0.46 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 4.23 | 0.82 |
| Total Income | 2.13 | 1.01 |
| Profit After Tax | 0.23 | 0.11 |
| NET Worth | 3.98 | 0.78 |
| Reserves and Surplus | 1.66 | 0.60 |
| Amount in ₹ Crore | ||
| KPI | Sep 30, 2024 |
|---|---|
| ROE | 5.73% |
| ROCE | 7.67% |
| RoNW | 5.73% |
| PAT Margin | 11.22% |
| Price to Book Value | 2.33 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 26.64 | 1.23 |
| P/E (x) | 1.5 | |
| Promoter Holding | 76.76% | 47.85% |
| Market Cap | โน14.88 Cr. | |